Which of the Following Tax Systems Would Help Reduce Income

question 37

Multiple Choice

Which of the following tax systems would help reduce income inequality the most?

• A)a regressive tax system
• B)a proportional tax system
• C)a progressive tax system
• D)a consumption tax system

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Definitions:

Incorporates

To include or integrate parts into a whole, often referring to the inclusion of multiple aspects or elements into a single entity.

Eliminates

Refers to the act of removing or getting rid of something completely.

Evolutionary Psychologist

A professional who studies how evolutionary principles help explain the structure and function of the human mind and behavior.

Natural Selection

A fundamental mechanism of evolution where organisms better adapted to their environment tend to survive and produce more offspring.